Community Development Partners · 2 days ago
Development Director
Newport Beach, CA
Full-time
Hybrid
Director/Executive
$190K/yr - $225K/yr
7+ years expCommunity Development Partners is committed to creating life-enhancing affordable housing through innovative and sustainable developments. As the Development Director for the Southwest Region, you will lead your team in managing projects from inception to perm loan conversion, ensuring alignment with the organization's strategic goals.
Commercial Real EstateProject ManagementReal EstateResidentialSustainability
Hiring Manager
Teryll Sacks
Responsibilities
Manage, lead, and develop an experienced team of development staff members, directing their work through all phases of development, providing guidance and support to achieve departmental goals
Maintain collaborative and productive relationships with investment partners, community partners, public agencies, property management, and other industry professionals
Work collaboratively with the Chief Development Officer, Development Director Northwest, Acquisitions Manager and Transaction Manager to provide clarity and consistency across the development department
Manage the Southwest pipeline of development to meet CDP’s strategic plan goals
Research potential sources of project funding and assist project managers with structuring projects, seeking early feedback from other internal and external stakeholders, as needed
Review project proformas and provide guidance on project feasibility
Evaluate funding requests and authorize spending consistent with approved project budgets
Monitor projects to assess tracking with schedule and budget and assist with addressing material changes to the timeline and/or budget impacts
Participate in project-related meetings as necessary, including strategy and negotiation sessions, programming meetings, design and construction meetings, community meetings, etc
Supervise and guide consultant selection process including evaluating fee proposals and finalizing contract terms and conditions
Review and approve team members’ work product including funding applications, legal documents, financial projections, internal board approval reports, fee projections, etc
Build and maintain a supportive team environment that fosters skill-building and team development, including developing and implementing ongoing staff training, and growing the team’s knowledge and skills
Prepare quarterly predevelopment and developer fee projections to support the organization’s financial planning
Collaborate with Chief Development Officer to review opportunities and assess staffing plans and needs
Qualification
Required
Ability to successfully interface and build strong cross-functional relationships with all levels of internal team members and external strategic partners (agencies, legislators, elected officials, jurisdictions, other stakeholders and decision makers), finding common ground and solving problems for the good of all
Ability to maneuver through complex local political situations effectively and quietly
Strong written and verbal communication skills (in English), allowing for clear and succinct communication in a variety of settings (phone, video, in-person, email), and with people of various backgrounds and levels, both internally and externally
Ability to assemble talented staff, hiring the best people available from inside or outside the organization
Ability to lead and develop direct reports, providing challenging and stretching tasks and assignments while creating strong morale and spirit on the team, managing accountability as needed
Ability to accurately scope out length and difficulty of work and projects, anticipating and adjusting for problems, clearly assigning responsibility for tasks and decisions, setting clear objectives, ensuring progress and results, while embedding feedback loops into the work
Clearly and comfortably delegates both routine and important tasks and decisions; broadly shares both responsibility and accountability; trusts people to perform; allows direct reports and others to finish their work
A strong customer focus, with dedication to meeting the expectations, needs and requirements of internal and external customers, successfully gaining their trust and respect
Willingness to stand up and be counted, taking personal responsibility for outcomes, and can be counted on when times are tough
High level of expertise in real estate finance and deal structuring. Mastery over all aspects of complicated LIHTC transactions
Advanced knowledge of affordable housing financing, and advanced analytical, financial, and quantitative skills, including the ability to review complex financial reports prepared by others
Ability to solve problems involving multiple options, making decisions with an in-depth understanding and interpretation of procedures, company policies and business practices to achieve complex results
Technically savvy with a thorough knowledge of MS Office (PowerPoint, Excel, Word) and comfort with Google Suite
Ability to meet multiple deadlines and work in a fast-paced environment
Ability to pass a basic background check
Ability to travel up to 10% of the time
Bachelor's Degree in Business Administration, Urban Planning, Real Estate Development, Architecture or another relevant field
Minimum 7 years of real estate development experience
Minimum 7 years of LIHTC experience, including direct experience with California LIHTC
Minimum 5 years of people management, preferably direct reports or equivalent external vendor management
Experience managing both ground-up and rehab projects
Valid driver's license, transportation, and the ability and willingness to travel, as needed
Preferred
Masters in real estate development or related fields preferred
Benefits
Highly subsidized insurance
Retirement plan with matching contributions
Sabbatical program
Cell phone reimbursement
PTO
And more
Company
Community Development Partners
Community Development Partners is a real estate firm that offers sustainable housing, affordable homes, and project management services
11-50 employees
Funding
Current Stage
Early StageTotal Funding
$8MKey Investors
CalOptima
2023-10-11Grant· $8M
Leadership Team
Eric Paine
Chief Executive Officer
Recent News
2025-07-25
Denver Business Journal
2025-03-01
Company data provided by crunchbase